Business
Latest Business News in Iran – News and reports about all things to do with commerce, trade, banking and industry in Iran and the world. Covering ongoing developments, market news, contracts, joint ventures, trade delegations, chambers of commerce, manufacturing, labour news and resource management.
Iran, S. Africa eye $2 billion trade; a dream that can come true
It is not hard for Iran and South Africa to raise their non-oil trade to $2 billion if their business sectors earnestly get down to business.
Dependence of government’s public funds on oil should end: MP
Elias Naderan, a principlist MP, says government coffers rely on revenues generated by the government’s monopoly over oil industry and other natural resources.
Iran to unveil 40 great oil projects at London conference
The oil projects are mainly in connection with South Pars and West Karoun oil fields and could fetch $40 billion worth of investment.
Business as usual after 20 years; A German delegation is in Iran
A German trade delegation is in Tehran to talk business with Iranian officials and size up investment opportunities in the country.
Elecomp 2014 opens in Tehran
A four-day International Exhibition of Electronics, Computer and E-Commerce opens in Tehran.
Foreign investors interested in Iranian market
The head of Iran’s Chamber of Commerce, Industries and Mines has said that foreign investors show much interest in Iranian market, citing a growing number of business delegations visiting the country.
Central Bank chief expounds on new banking corruption case
The corruption occurred between 2006 and 2012. However, officials learned about it in 2013.
Whole region to benefit from Iran-Central Asia rail
President Hassan Rouhani says that the entire region will benefit from the Iran-Turkmenistan-Kazakhstan railway, adding it marks a new beginning for better interaction among regional nations.
Iran to release Persian Carpet Encyclopedia
The focus of Persian Carpet Encyclopedia is on designs, patterns and aesthetics, technical knowledge, management, economics and trade, history, geography and the styles of carpets.
Peugeot holding ‘intense’ talks to return to Iran
French car giant Peugeot eyes a comeback to Iran's lucrative market.
Iran hosts int’l auto parts exhibition
Nearly 800 Iranian and foreign companies have flocked to this year’s fair to display their latest products and achievements.
OPEC; the known unknowns
Shargh studies how the Iranian economy can effectively respond to an OPEC decision not to cut the production quotas of its members.
Economy should not be tied to the outcome of talks: Senior businessman
Asadollah Asgar-Oladi, a business magnate, says the Iranian economy has learned how to skirt the sanctions and its future should not be tied to the success of nuclear talks.
Non-OPEC members must participate in oil output cut
Oil Minister Bijan Namdar Zanganeh says it is not only up to OPEC to deal with growing market oversupplies, adding non-OPEC producers should to cooperate to limit oil production.
Bad luck often brings good luck
It’s a strategic miscalculation to assume that the lifting of sanctions will settle all of Iran's economic woes.
Iran, China agree to broaden cooperation in fight against terrorism, money laundering
Tehran and Beijing have agreed to join hands in the fight against corruption, terrorism, and money-laundering.
Envoy Calls for Resumption of Direct Bishkek-Mashhad Flights
"There is no obstacle to the development of mutual cooperation between Iran and Kyrgyzstan," President Rouhani said in a meeting with Kyrgyzstan's ambassador to Tehran.
Kish Air Show: Investment Opportunities
The 7th Biennial Kish Air Show which opened on November 18 is to offer opportunities to potential investors eager to be active in Iran’s aviation industry.
Iran to build hydroelectric power plant in Armenia
Under an MOU signed by Tehran and Yerevan, Iran is to be build a hydroelectric power plant in Armenia.
Iran’s non-oil exports rise 28 percent
Iran's non-oil exports in the first seven months of the year have brought in over $27 billion in revenues.
Iran’s economy is in for a big shock: Economist
An Iranian economist says a recent drop in oil prices will probably take a toll on Iran’s economy, complicating government efforts to draft a spending package.
Oil Minister: Iran has tools to minimize damage by drop in oil prices
Bijan Namdar Zanganeh says although Iran has been affected by a recent drop in oil prices, it does have the tools to cushion the damage.
Iran inaugurates ME’s biggest gold-processing plant
Inauguration of a gold plant in the northwest is expected to double Iran's annual production of the precious metal.
Iran president stresses need to balanced oil price
The Iranian president says crude price fluctuations will have an adverse impact on global economy.
Reciprocal Trade Visits between Iran, US on Agenda: Official
Trade offices will reopen in Iran and the US in the future.
